In a __________,Someone Wishing to Replace the Board with His

question 6

Multiple Choice

In a __________,someone wishing to replace the board with his or her own candidates attempts to acquire a sufficient number of shareholder votes to do so through limited written powers of attorney entitling the holder to vote the shares owned by the person giving the power of attorney.

• A) hostile takeover
• B) proxy contest
• C) poison pill
• D) greenmail takeover

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Definitions:

Ethical Issues

Ethical issues pertain to moral dilemmas and considerations that arise in the conduct of professional practices, highlighting the importance of principles such as honesty, respect, and fairness.

Informed Consent

Principle that individuals being assessed should give their permission for the assessment after they are given information concerning such items as the nature and purposes of the assessment, fees, involvement by others in the assessment process (e.g., teachers, therapists), and the limits of confidentiality.

Justifiable Deception

Situations or contexts in which misleading or lying is considered acceptable or warranted based on overarching ethical or moral standards.

Accreditation Standard

A set of criteria or guidelines used by accrediting bodies to evaluate and recognize the quality and standards of educational institutions or programs.